Riina Oja

Company Overview: PLG Group is an international ticketing and event management company operating under the PLG brand in Estonia, Latvia, Lithuania, Romania, Czechia, Slovakia, and Poland. The company invests in the cultural and entertainment sectors, supporting event organizers, venues, and ticket buyers to ensure long-term sustainability. The Group is currently in an active expansion phase into Central European countries.

Main Field of Activity: The Group's key business activities include ticket brokerage for sports and entertainment events, as well as providing advertising, ticket sales, ticket validation, and related support and consultancy services in the industry.

Revenue: €20 million, GMV €238 million

Number of Employees: 160

Main Responsibilities: Management of Group financial reporting, coordination of financial departments across all Group countries, development of management reporting, and reporting to various stakeholders. Communication with external auditors.
Team Size: 25 people
Major Professional Achievements: One of my proudest achievements over the past year has been the creation of a long-term financial model. This model provides a structured, forward-looking approach to forecasting, budgeting, and strategic financial planning, enabling more accurate cash flow projections, balance sheet planning, and profitability analysis. It has been instrumental in supporting the Group's expansion into new markets while also providing technical guidance to both existing and potential investors in shaping a long-term business strategy.

Company Overview: The KMG Group consists of companies operating in Estonia in the fields of infrastructure construction, road construction, and quarry mining. KMG OÜ is the market leader in Estonia in asphalt concrete production and road marking services.

Main Field of Activity: The Group's core activities include infrastructure construction, asphalt production, paving, milling, and stabilization work, quarry mining, blasting operations, road marking, traffic sign manufacturing, and installation, along with temporary traffic management services.

Revenue: €52.6 million (2022)

Number of Employees: 176 (2022)

Main Responsibilities: Financial management of the KMG Group, advising the board, and reporting to the council. Preparation of budgets and forecasts, cash flow planning, and communication with banks.

Team Size: 4 people

Major Professional Achievements: Advising the board, preparing budgets and forecasts, communicating with banks, managing the financial aspects of the Group’s restructuring, establishing, developing, and presenting management reporting to the board and council. Leading the implementation and development of the ERP and Group management accounting system.

Company Overview: A state-owned international energy company founded in 1939 in Estonia.

Main Field of Activity: The Group operates in electricity and gas sales across the Baltics, Finland, and Poland, as well as in the international liquid fuels market. It manages the entire value chain, from oil shale mining to electricity, heat, and oil production, as well as energy distribution, sales, and related services. Its subsidiary, Enefit Green, is the largest renewable energy producer in the Baltics.

Revenue: €956.4 million

Number of Employees: 5 300

Main Responsibilities: Managing stock exchange reporting and Group accounting, as well as coordinating financial processes for subsidiaries in all countries where the Group operates. Overseeing business combinations, managing the Group’s financial structure, and handling the technical setup of Oracle E-Business Suite in collaboration with the development team. Preparing monthly consolidated cash flow reports for all Group entities, developing accounting policy guidelines for internal users, and providing financial advisory support. Administering the Group's internal accounting regulations. Participating in executive team meetings and business strategy workshops.

Team Size: more than 60 people

Major Professional Achievements: Leading a large team and managing financial accounting across diverse and large-scale business areas. Achieved set deadlines for closing the accounting period one month earlier. Developed and implemented a technical consolidation solution for the renewable energy sub-group and integrated accounting processes with Eesti Energia’s ERP system.

Company Overview: An international food industry Group listed on the NASDAQ OMX Tallinn main market since May 5, 2010

Main Field of Activity: Production and sale of fish products in Finland and Estonia, as well as fish farming in Sweden and Finland.

Revenue: €45 million
Number of Employees: 220

Key Responsibilities: Stock exchange reporting, management of Group accounting, and coordination of financial processes for subsidiaries. Monthly consolidation and reporting of financial results to management, internal control, participation in budget preparation, and administration of the Navision ERP system.
Team Size: After the sale of business segments, there were no direct subordinates. My team consisted of PwC lead auditors and a PwC legal jurist.

Major Professional Achievements: After the sale of the ice cream and frozen products business segments, I focused on preparing investor presentations, drafting stock exchange announcements, and organizing general meetings in cooperation with a PwC lawyer.

Developed a reporting system based on IFRS standards, enhanced the Navision ERP system, implemented and administered the Group and management accounting system (BI), improved production accounting, and introduced a payroll and HR management system.

Company Overview: Construction, a subsidiary of OAO LSR Group, an international construction materials manufacturing and distribution company (OAO LSR Group is listed on the London Stock Exchange).

Main Field of Activity: Production and distribution of autoclaved aerated concrete products in the Baltics, Scandinavia, the Saint Petersburg region of Russia, and Ukraine.

Revenue: €70 million

Number of Employees: 700

Main Responsibilities: Management of Group accounting and coordination of financial processes for all subsidiaries. Monthly consolidation and reporting of financial results to the parent company and management, along with internal control.

Team Size: 15 people
Major Professional Achievements: Managed daily operations within the OAO LSR Group server environment, utilizing advanced ERP solutions and the Basware consolidation program. Completed an extensive IFRS training program in Saint Petersburg.

Company Overview: Real estate development and hotel operations.

Main Field of Activity: Estonia’s leading real estate developer, specializing in modern and large-scale commercial and residential property projects in Tallinn, Riga, and Vilnius (previously also in Saint Petersburg).

Revenue: €10 million
Number of Employees: 100

Key Responsibilities: Management of Group accounting and coordination of financial processes for subsidiaries.

Major Professional Achievements: Gained knowledge in real estate development and hotel management.

Company Overview: IT (state-owned institution)

Main Field of Activity: Coordinates the development and management of the national information system, oversees cybersecurity activities, and handles security incidents in Estonia’s computer networks. The Information System Authority (RIA) advises public service providers on proper information system management and conducts oversight. Additionally, RIA serves as an implementing agency for European Union structural funds.

Number of Employees: 117

Key Responsibilities: Implementation of Navision Axapta ERP, development of the company's financial accounting system, and creation of internal control procedures and accounting policies.

Major Professional Achievements: Successful implementation and deployment of the ERP project and financial accounting system.

Company Overview: Entertainment, casino operations, and hotel management.

Main Field of Activity: The leading provider of gambling services in the Baltic states, with casino operations in Belarus and Ukraine.

Revenue: €107 million
Number of Employees: over 2,000

Key Responsibilities: Immediate migration of reporting to IFRS standards. Oversight of Group accounting and coordination of financial processes for subsidiaries. Monthly consolidation and financial reporting to management, internal control, participation in budget planning, and administration of the Navision ERP system.
Team Size: Directly managed 8 subordinates and oversaw accounting departments in all operating countries.

Major Professional Achievements: Development of a management reporting system based on IFRS standards, implementation of Group accounting, and enhancement of the Navision ERP system. Implementation of consolidation in Navision.